ABSTRACT Nongovernmental organizations play key role in delivering education, healthcare, social aid and other welfare activities in most developing countries like Kenya and hence their financial sustainability cannot be ignored. Financial sustainability requires that NGOs be able to meet all their resource and financing obligations and remain in existence for unforeseeable future. However, just a small number (10 percent) of NGOs that had managed to achieve a desirable level of institutional...
ABSTRACT Commercial banks remain the dominant channel of financial intermediation in emerging market economies such as Kenya. After the global financial crisis of 2007-2009, policy makers, regulators and financial institutions heavily invested in reforms aimed at improving financial stability. At the same time, there has been global commitment to promoting greater financial inclusion. Consequently, commercial banks have addressed financial inclusion by designing new services and products targ...
ABSTRACT Security has been and continues to be priority for both life and property world over. Due to the limitations of public security services the private sector has supplemented provision of security services. Overtime the registered security firms have come to rely more on establishments that acquire services purely on credit which often lead to due debts. This has led to large uncollected debts putting registered security firms into liquidity challenges. If such debts are not effici...
ABSTRACT In the attempt to alleviate poverty and empower the deprived, many non-governmental organizations and Government line agencies have been providing revolving funds and social services to rural dwellers in Kenya. The role of these funds is to help the rural poor, to earn a decent living, through their on-going income-generating activities. The government of Kenya overtime has formulated a series of revolving funds to counter the problem. The most notable and current, is the Youth Enter...
ABSTRACT Financial performance of the manufacturing sector contributes significantly to the economic development of both developing and developed economies. In, Kenya the Vision 2030 identifies the manufacturing sector as one of the key drivers for realizing a sustained annual gross domestic product growth, of tenpercent. However, the percentage contribution of manufacturing to the gross domestic product and merchandise exports has stagnated. Besides, financial performance of the Kenyan manuf...
ABSTRACT One of the major roles that banks in the Kenyan economy play is credit creation. Credit creation comes with risks and credit risk is the most critical risk. Credit risk needs to be management prudently as it impacts negatively on performance. It is thus important to study how various banks manage credit risk for effective policy. This main study sought to find the effect of credit risk management on the performance of commercial banks listed at the Nairobi Securities exchange in Keny...
ABSTRACT Commercial banks all over the world enhance the economic growth of nations by providing funds to customers of investments. The survival of commercial banks like every other financial institution depends largely on their profitability. However, the profitability of these banks is dependent on the risk management practices which they adopt. This is because granting of loans to borrowers is accompanied with its own risks. Credit risk is regarded as the most adamant risk faced by banks d...
ABSTRACT In today’s global environment, Small and Medium Enterprises have limited chances of accessing credit facilities from lending institutions owing to their relatively smaller sizes. The high amount of interest rates charged on loan facilities by lending institutions also limits the ability of SMEs to access credit facilities. The trend in return on asset and return on equity on small and medium enterprises in Garissa is of great concern. The statistics indicates that ROE declined on a...
ABSTRACT In the East African region many institutional reforms has been undertaken to foster financial sector development. However, the contribution of these reforms to financial sector development in this region remains unimpressive compared to other developing economies in Africa. This study seeks to investigate the effects of institutional reforms on financial sector development in Kenya, Uganda and Tanzania. The objectives of the study were to: determine the effect of regulatory quality ...
ABSTRACT Different countries in Eastern and Southern Africa (ESA) have experienced different levels of growth of their domestic Government bond markets due to various factors. This study aimed at evaluating the drivers of the growth of domestic government domestic bond markets in selected countries in Eastern and Southern Africa during the period 2003-2015. The main study problem is the inability of countries to sustainably fund their budgetary deficits from dependable and reliable local sour...
ABSTRACT Over the last eight years, agency banking has progressively gained importance in Kenya. Agency banking has enabled banks to save on costs associated with opening bank branches and has offered convenience to bank customers who before the introduction of agency banking involuntarily had to travel long distances and incur hefty amounts on transportation in order to access a bank branch. Agency banking is facilitated by small scale enterprises who take up the role of the bank teller and ...
ABSTRACT This study examines the effect of interest rate macrostructure and corporate bond market development on industrial output growth in some selected African economies from 1995-2014, namely Botswana, Cameroon, Cote d’ Ivoire, Egypt, Ghana, Kenya, Mauritius, Morocco, Namibia, Nigeria, South Africa, Tanzania, and Tunisia. In the World industrial output statistics, African economies have consistently ranked least and its pace of industrial output growth has been the least. The lapse i...
TABLES OF CONTENTS tJNTENTS PAGE Cover Page --------------------------------------------------------------------------------------------- I Title Page ------------------------------------------------------------------------------------------------ i i Declaration ---------------------------------------------------------------------------------------------- iii Certification --------------------------------------------------------------------------------------------- iv Dedication ------------...
The real estate market plays a very important role in any economy. It is known to have a dramatic multiplier effect and it is a key economic indicator. The real estate market has experienced significant growth in the last decade with many countries experiencing house price fluctuations.TheKenyan real estate market has been experiencing a boom in the past ten years and the latest findings have shown that the trend will continue into the foreseeable future. The study therefore sought to investi...
Abstract Tanzania ministries as well as the sugar board of Tanzania are not aware of recent sugar markets trends. This study attempts to examine the performance of Tanzania sugar exports and estimate sugar exports supply function for the 1977-2013 periods. To estimate annual growth rates for quantities of sugar produced, consumed, imported and exported, the geometric average was used by means of detailed data from country statistics through NBS, FAO and ITC computations. A multivariate regre...